• 5 March 2010
• Reference: JR230113

• Credit Valuations Controller

• City of London GBP55,000 p/a Permanent
• Benefits: Bonus

Our client, a leading Investment Bank is currently seeking a Credit Valuations Controller to join the Valuation Review Group, which is part of the Financial Control Group. The team is responsible for all valuation issues in respect of their product areas, in particular, external price testing, valuation adjustment (reserving) methodologies, and reviews of both the valuation and modeling of significant new complex trades.

Responsibilities Include:
* Production and reporting of the monthly mark review to ensure positions are marked correctly in the firm's books and records.
* Gaining a full understanding of the products traded by the desk and their marking/valuation adjustment methodologies
* Performance of documented reviews of the modeling and parameter mark review methodologies of significant new transactions for presentation to management
* Regular contact with Business Unit Controllers on a daily basis and in particular during the month end mark review process
* Interaction with the Business Unit during the monthly mark review process
* Project work as required on new systems and functionality enhancements
* Working with managers to improve efficiency by challenging processes and procedures


To be considered for this role, the ideal candidate will possess an Accounting Qualification (ACA, CIMA or equivalent) with a basic understanding of Corporate and Structured Credit products (e.g. CDS, FTD, Tranches and risk parameters within, namely correlation and spreads). Strong enthusiasm to learn and develop their product and model knowledge.

Joslin Rowe - Winner of 4 UK Recruiter Awards including Best Accountancy/Financial Recruitment Firm and Best Office Support Agency.
Joslin Rowe is a Randstad company. Joslin Rowe Associates Ltd encourages applications from individuals from all backgrounds but candidates must be able to demonstrate their ability to work in the UK. Joslin Rowe Associates Ltd is acting as an Employment Agency in relation to this vacancy.

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Keywords related to this job

• Accountancy & Finance,
• Product Control / Business Unit Control,
• City of London,
• Permanent,
• Investment Banking,
• Credit Valuations Controller